Valiant Communications Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2025 ,inter alia, to consider and approve the proposal of issuance ....
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Valiant Communications has informed BSE that its Board of Directors will meet on October 16, 2025 to consider and approve a proposal for raising funds through the issuance of equity shares or convertible securities. The issuance could be done via preferential issue, qualified institutional placement (QIP), or any other permitted method, either singly or in combination. The proposal is still subject to shareholder, stock exchange, and regulatory approvals. The trading window for insiders has been closed until 48 hours after the declaration of quarterly results for the period ended September 30, 2025.
Investors should prepare for potential dilution if equity is issued. The actual size, price, and method of the raise will only be known after the board meeting on October 16, so the stock may see some volatility or speculative activity ahead of the announcement.